Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Putin approvesexperts for talks with Ukraine: Kremlin
Russian Deputy FM Galuzin, Head of General Staff Kostyukov, Deputy Defense Minister Fomin will participate in Istanbul talks: Kremlin
Russian presidential aide Medinsky will lead Russia delegatioon at Ukraine talks: Kremlin
Putin approves composition of Russian delegation for negotiations with Ukraine: Kremlin
Abu Obeida posts on X, commenting on the West Bank operation amid Israeli rumors that he was assassinated
Israeli media: An Israeli settler was killed and two others were injured in the shooting near Salfit
Israeli emergency service: The shooting near Salfit resulted in two injuries, one in extremely critical condition and the other in serious condition
Palestinian sources: Two Israelis were injured in a shooting operation near Nablus in the northern West Bank
Ukrainian President Volodymyr Zelensky: I am waiting to see who will arrive from Russia. Then I will decide what steps Ukraine should take
Ukrainian President Volodymyr Zelensky: Ukraine ready for any format of negotiations to end war with Russia

West's economic de-risking a 'false proposition': Chinese PM

  • By Al Mayadeen English
  • Source: Agencies
  • 27 Jun 2023 08:20
3 Min Read

The Chinese Premier confirms that China is on course to achieve its five percent target for economic growth in 2023 set by Beijing earlier this year.

  • x
  • China
    Chinese Prime Minister Li Qiang gives a speech during this week's meeting of the World Economic Forum in the port city of Tianjin, China, on June 27, 2023 (AFP)

Chinese Prime Minister Li Qiang considered on Tuesday that the Western countries' decision to "de-risk" their economies was a "false proposition", slamming the United States and European Union policy aimed at reducing their reliance on China. 

"In the West, some people are hyping up what is called 'cutting reliance and de-risking'," Li told delegates from New Zealand, Mongolia, Vietnam, Barbados, and Saudi Arabia at the opening of a World Economic Forum meeting in northern China.

"These two concepts... are a false proposition, because the development of economic globalization is such that the world economy has become a common entity in which you and I are both intermingled," the Chinese Premier pointed out in a speech calling for deepening economic globalization and cooperation.

"The economies of many countries are blended with each other, rely on each other, make accomplishments because of one another, and develop together," he indicated. 

"This is actually a good thing, not a bad thing."

This week's meeting of the World Economic Forum in the port city of Tianjin -- known colloquially as the "Summer Davos" -- is the first of its kind after a three-year hiatus caused by the Covid pandemic. It will last until Thursday. 

Related News

US approves $304 million missile sale to Türkiye

Al-Sharaa hails US President Trump’s pledge to lift sanctions on Syria

European Commission President Ursula von der Leyen in January described the EU's approach to China as "de-risking rather than decoupling" since the bloc still sought to work and trade with Beijing.

US Secretary of State Antony Blinken in Beijing last week claimed that the United States was not seeking "economic containment" of China.

"But at the same time," he said, "it's not in our interest to provide technology to China that could be used against us."

In a related context, Li confirmed that China is on course to achieve its five percent target for economic growth in 2023 set by Beijing earlier this year.

"For the whole year, we are expected to achieve the target of about five percent economic growth set at the beginning of this year," he said.

"We are fully confident and capable of pushing ahead the steady and long-term development of China's economy on the track of high-quality development in the relative long term."

Read more: China eyes lowering unemployment via military recruitment: Reports

  • United States
  • li Qiang
  • Beijing
  • West
  • US
  • EU
  • China
  • European Union

Most Read

Trump cut off contact with Netanyahu, senior Israeli official says

Trump cut off contact with Netanyahu: Israeli media

  • US & Canada
  • 9 May 2025
A boy draped in a Palestinian flag carries a mock rocket during a weekly anti-US and anti-Israeli rally in Sanaa, Yemen, Friday, May 9, 2025 (AP)

Yemen announces hypersonic missile strike on Ben Gurion Airport

  • Politics
  • 9 May 2025
President Donald Trump, left, greets Israeli Prime Minister Benjamin Netanyahu at the White House, Monday, April 7, 2025, in Washington (AP)

US pressures 'Israel' for Gaza deal; Witkoff's Israeli rebuke leaked

  • US & Canada
  • 9 May 2025
Israeli troops move with APC, armored personnel carrier near the border with Gaza, in southern Occupied Palestine, Thursday, May 8, 2025 (AP)

'Gideon's Chariots' operation in Gaza is doomed to fail: Haaretz

  • Palestine
  • 9 May 2025

Coverage

All
Gaza prevails against genocide

Read Next

All
A Fly Dubai plane is parked on the tarmac at Ben Gurion International Airport in the Occupied Palestinian Territories, Sunday, Nov. 10, 2024 (AP)
Economy

Israeli tourism suffers $3bln loss amid 'unprecedented' crisis

Israeli Prime Minister Benjamin Netanyahu speaks during an annual ceremony in al-Quds, Occupied Palestine, April 29, 2025 (AP)
Politics

Netanyahu refuses to budge, captive talks stall: Israeli officials

Susan Sarandon joins hundreds urging BBC to release delayed Gaza film
Europe

Susan Sarandon joins call for BBC to air documentary on Gaza medics

In this photo released by the Saudi Royal Palace, Syria's interim President Ahmad al-Sharaa, left, shakes hands with President Donald Trump, centre, in Riyadh, Saudi Arabia, Wednesday, May 14, 2025 (AP)
Politics

Trump worries 'Israel' with Syria sanctions lift: The Times

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS